Independent Bank Corp. cash flow to debt ratio of 27.87% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Independent Bank Corp.'s free cash flow has increased 14.33% from $209.49M last year to $239.50M, signaling increasing performance

Independent Bank Corp.'s debt to equity ratio is 0.20, which means that the company's assets are healthy financed, signaling financial stability.

Independent Bank Corp.'s debt has decreased relative to shareholder equity from 0.23 last year to 0.20 today, signaling strengthened financials

Independent Bank Corp. has a net debt to EBITDA ratio of 2.18x, which is below the 3.00x threshold, indicating healthy leverage and financial stability

Independent Bank Corp. earns at least as much interest as it pays. Interest obligations are fully covered.

Independent Bank Corp.'s profit margin has increased (9.77%) in the last year from 19.72% to 21.64%, signaling increasing performance

Independent Bank Corp.'s short-term liabilities of $415.62M exceed its short-term assets of $229.77M, signaling financial risk

Independent Bank Corp.'s return on assets of 1.09% is lower than the 5.00% threshold, indicating inefficient asset utilization

Independent Bank Corp.'s return on equity of 7.66%, is lower than 15.00%, indicating bad performance

Independent Bank Corp.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Independent Bank Corp. had positive net income in 5 out of 5 years, indicating stable and consistent earnings

Independent Bank Corp. has positive free cash flow, indicating the company generates cash after capital expenditures

Independent Bank Corp. has a free cash flow yield of 5.92%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Independent Bank Corp.'s yearly earnings has increased 6.79% since last year from $192.08M to $205.12M, signaling increasing performance

Independent Bank Corp.'s yearly revenue has increased 19.82% since last year from $974.14M to $1.17B, signaling increasing performance

ROIC -1.18% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Independent Bank Corp.'s 3-year revenue CAGR of 15.89% is positive, indicating growing revenue over the past 3 years

Independent Bank Corp. had revenue growth in 5 out of 5 years, indicating consistent revenue performance

Independent Bank Corp. had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity

Independent Bank Corp. is overvalued relative to its fair value price of 73.70 based on Discounted Cash Flow model

Independent Bank Corp. has an earnings yield of 6.74%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings

Independent Bank Corp. is overvalued relative to its fair value price of 30.31 based on EBITDA multiple model

Independent Bank Corp. has an EV/EBITDA ratio of 15.38x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Independent Bank Corp. is undervalued relative to its fair value price of 135.53 based on Earnings Fair Value model

Independent Bank Corp. has a PEG-ratio over 1 which is considered overvalued

Independent Bank Corp. has a price-to-book ratio of 1.15x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Independent Bank Corp. has a price-to-sales ratio of 3.21x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue